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Posted on:
Oct 01, 2017

Category: Annual Reports

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Posted on:
Aug 22, 2017

Category: Press Releases, Media Resources

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Posted on:
Feb 23, 2017

Press Release: Central City of Emery
The Little Learner’s Preschool and Daycare will be relocating this spring with the help of a Rural Economic Electric Development (REED) loan through Central Electric Cooperative.  Central Electric was one of two lenders to the preschool and daycare center with a total project cost of $100,000. Read the complete release above.

Category: Press Releases

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Posted on:
Dec 21, 2016

Press Release: REED Receives $10 Million as USDA Launches Re-lending Program
U.S. Department of Agriculture Rural Development Acting State Director Bruce Jones announced that Rural Electric Economic Development, Inc. (REED) will receive a Community Facility Direct Re-lending Program loan in the amount of $10 million for relending in South Dakota rural communities.  USDA Rural Development Tim Potts was in Madison to recognize them on Jones behalf. Read complete release above.

Category: Press Releases

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Posted on:
Dec 14, 2016

Press Release: Sioux Valley SDSU Growth Partnership
 Sioux Valley Energy provided a $300,000 loan to SDSU Growth Partnership, Ltd. through its Rural Electric Economic Development (REED) loan fund to secure land to for the SDSU Research Park growth. Read complete release above.  

Category: Press Releases

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Posted on:
Dec 05, 2016

Press Release: Renville-Sibley Franklin Industries
The Cougar Cub Child Care and Franklin Community Center are opening their doors in Franklin, Minnesota with the help of a Rural Economic Electric Development (REED) loan through Renville-Sibley Cooperative Power Association.  Renville-Sibley Cooperative was one of three lenders to the daycare and community center. Read the complete release above.

Category: Press Releases

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Posted on:
Sep 01, 2016

Press Release: Northern Electric BASEC
Beadle & Spink Enterprise Community, Inc. (BASEC) recently received a helping hand from Northern Electric Cooperative when a Rural Electric Economic Development, or REED, loan was issued to BASEC on September 1, 2016. Read complete relase above.

Category: Press Releases, Media Resources

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Posted on:
Apr 18, 2016

Press Release: Renville-Sibley RS Fiber
Renville-Sibley recently closed a $1.5 million loan from the REED Fund to RS Fiber Cooperative of Gaylord, Minn. RS Fiber is a newly-formed cooperative created through a community-driven effort to bring a high-speed fiber-optic connection to everyone in the project area and provide low-cost, reliable high-speed internet, crystal clear video and phone services. Read the complete press release above.

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Posted on:
Mar 22, 2016

Press Release: Douglas Delmont Fire District
The Delmont Fire District members re­cently received a check for $250,000 presented by Douglas Electric Coop­erative. The check represents a $250,000 no-interest loan that passed through the cooperative from the Rural Elec­tric Economic Development, or REED fund. Read the complete release above.  

Category: Press Releases, Media Resources

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Posted on:
Jan 25, 2016

Press Release: Central Riverfront Broadcasting
Central Electric Cooperative’s Rural Electric Economic Development (REED) Fund will help to spur economic development over the airwaves thanks to a recent economic development loan. The REED Fund recently closed a loan to Riverfront Broadcasting, LLC which   has purchased two radio stations: one in Mitchell and the other in Pierre. Read complete release above.  

Category: Press Releases, Media Resources

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Posted on:
Jan 07, 2016

Press Release: Sioux Valley Energy Madison Regional Health System
Sioux Valley Energy received funding from the United States Department of Agriculture Rural Economic Development Loan and Grant Program to provide a zero percent interest loan of $300,000 to the Madison Regional Health System. The loan to the Madison Regional Health System was used to purchase radiology equipment for their new facility.   Read the complete release above.

Category: Press Releases, Media Resources

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Posted on:
Jan 07, 2016

Press Release: Sioux Valley Jasper Fire Department
Sioux Valley Energy received funding from the United States Department of Agriculture Rural Economic Development Loan and Grant Program to provide a zero percent interest loan of $115,000 to the Jasper Rural Fire Department. The loan was used to purchase a new truck. Read the complete release above.

Category: Press Releases, Media Resources

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Posted on:
Nov 02, 2015

2015 Brochure
MISSION: To provide financing and leverage investment to make a difference in the region.

Category: Marketing, Media Resources

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Posted on:
Oct 01, 2015

2015 Annual Report
Mission: To provide financing and leverage investment to make a difference in the region.

Category: Annual Reports

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Posted on:
Sep 01, 2015

2010 Annual Report
Since 1996, Rural Electric Economic Development, Inc (REED), a collaborative effort of 21 consumer-owned electric cooperatives, has actively supported both community development and economic growth in eastern South Dakota and western Minnesota. REED’s mission is to provide financing and leverage investment into communities and rural areas to make a difference in the region. To achieve its mission REED provides financing to stimulate economic growth through...

Category: Annual Reports

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Posted on:
Aug 03, 2015

Madison Plant Makes Unique Tile
Think of it as tile with a twist. At a water park, around a pool deck or in a shower – essentially anywhere with water – the signature product of Minnesota-based Life Floor get less slippery the wetter it gets. Click here to view the complete article.

Category: Press Releases

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Posted on:
Aug 03, 2015

Life Floor Is Bringing Manufacturing Home!
Life Floor, a leading innovator and designer of resilient flooring, announced today the opening of their U.S. manufacturing facility. Production at the facility, housed within Falcon Plastics’ Madison, South Dakota location, will shorten lead times, increase Life Floor’s custom flooring options, fuel the company’s move into the residential flooring market, and create new job opportunities. Click here to view the complete article.

Category: Press Releases

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Posted on:
Aug 01, 2015

Category: Annual Reports

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Posted on:
Jul 01, 2015

2005 Annual Report
The REED Fund is a non-profit corporation offering financing for business, agri-business, infrastructure, and community development projects that benefit rural areas.

Category: Annual Reports

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Posted on:
Jun 01, 2015

2004 Annual Report
The REED Fund has provided financing to leverage private investment, stimulate growth and contribute to quality of life in rural areas since 1996. This year’s REED Fund annual report showcases examples of several successful projects we have assisted in the region along with the Fund’s impact in terms of investment, employment and leverage.

Category: Annual Reports

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Posted on:
May 16, 2015

Touchstone Energy
The Touchstone Energy brand represents a nationwide alliance of 750 local, consumer-owned electric cooperatives in 46 states. Championing the cause for lowest-cost, democratically governed energy, Touchstone Energy provides a unified face for the small businesses that own and service rural America’s 2.5 million miles of power line.  Co-ops that become members of the Touchstone brand gain access to a wealth of advertising stock, education and training...

Category: Cooperative Resources

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Posted on:
May 16, 2015

Category: Cooperative Resources

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Posted on:
May 11, 2015

Press Release: Central Horizon Healthcare Woonsocket
WOONSOCKET — The new Horizon Health Care, Inc. (Horizon) medical clinic in Woonsocket has benefitted from a pair of low-interest loans through Central Electric Cooperative and the Rural Electric Economic Development (REED) Fund. Central Electric, a local Touchstone Energy® Cooperative, used the Rural Economic Development Loan and Grant (REDLG) program to secure financing for the project through the U.S. Department of Agriculture. Read complete release...

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Dakota Energy Hand County Memorial Hospital
Hand County Memorial Hospital was recently given a helpful hand on November 19, 2013 when Dakota Energy’s issued a Rural Electric Economic Development, or REED, loan to Hand County Memorial Hospital. Read complete release above.

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Agralite Alliance Midstream
BENSON, Minn. — A critical, longtime propane delivery terminal at Benson will continue to operate thanks to a loan secured through Agralite Electric Cooperative. Alliance Midstream LLC, which was developed to keep the terminal operational, has received a $500,000 loan through Agralite Electric to acquire and develop the strategic propane terminal in Benson. Read complete release above.

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Grow SD NESDCAP
SISSETON — East River Electric Power Cooperative’s Rural Electric Economic Development (REED) Fund has announced a $1 million loan to GROW South Dakota. The loan was officially closed Nov. 19 and will provide supplemental funding to the organization’s housing loan programs which provide affordable housing options to low-income families. Read complete release above.

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Lake Region Glad
WEBSTER (BRITTON?)—Glacial Lakes Area Development (GLAD) has been awarded a $300,000 loan from Lake Region Electric Cooperative to support local business development and expansion in the Day and Marshall County area. The funds were accessed through the USDA Rural Economic Development Grant and Loan Program. Read the complete release above.

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Lake Region Sundial Manor
Sun Dial Manor, Inc. was recently given a helpful hand on 7/9/2014 when Lake Region Electric Cooperative, Inc. issued a Rural Electric Economic Development, or REED, loan.  The funds will be used to purchase and install a new generator to assure the safety of the residents during a power outage. Read the complete release above.

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Nothern Frederick Housing
FREDERICK — Two new rental units have been built in the northern Brown County community of Frederick thanks in part to loans from Northern Electric Cooperative’s Rural Electric Economic Development (REED) Fund and Grow South Dakota. The Frederick Development Corporation received a $90,000 loan through the REED Fund and another $90,000 loan through Grow South Dakota to build the units because of a severe housing...

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Oahe Marshall Lawn
Ryan Taylor, new owner of Marshall Lawn Irrigation, Inc. was recently given a helpful hand on 3/31/2014 when Oahe Electric Cooperative, Inc. issued a Rural Electric Economic Development, or REED, loan.  The funds will be used to purchase the Marshall Lawn Irrigation business to continue to provide lawn irrigation services in the Pierre area. Read the complete release above.

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: Sioux Valley Rock County Opts
Last month in my column, I mentioned a solar array project that will be built in Brandon this spring. This is being constructed as a demonstration for the Sioux Valley Energy membership. Many of our members look for ways to offset their electric use with distributed generation from small renewable sources. They look to us for advice and guidance when it comes to selecting the...

Category: Press Releases, Media Resources

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Posted on:
May 11, 2015

Press Release: SRDC PACE
Southwest Regional Development Commission was recently given a helpful hand on February 27, 2014 when Lyon-Lincoln Electric Cooperative issued a $150,000 Rural Electric Economic Development, or REED, loan to Southwest Regional Development Commission. Read complete release above.

Category: Press Releases, Media Resources

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Posted on:
Apr 01, 2015

2003 Annual Report
Loans that enhance community services and quality of life necessary for sustainable development, such as healthcare, infrastructure, fire protection, education, arts and recreation, generally made to non-profit or public entities.

Category: Annual Reports

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Posted on:
Mar 01, 2015

2002 Annual Report
Organized in 1996, the Rural Electric Economic Development, Inc. (REED) Fund is a private non-profit corporation governed by 17 Electric Cooperatives serving eastern South Dakota and western Minnesota. Its primary mission is to provide financing and help leverage private investment in small communities and rural areas needed to keep the rural economy viable and improve quality of life in the region. To accomplish its mission...

Category: Annual Reports

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Posted on:
Feb 01, 2015

2001 Annual Report
Since 1996, the 16 electric cooperative partners that comprise the REED Fund have partnered with 51 financial institutions, 14 development corporations or revolving loan funds and 15 state and federal programs to finance projects. Through the REED Fund, these cooperatives have shown their commitment to rural development by investing over $13.5 million in loans to 82 projects. REED’s lending partners provided an additional $60.8 million...

Category: Annual Reports

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Posted on:
Dec 31, 1969

Community Center Receives Funding
A community center in Miller was a dream that became reality with a little help from the Rural Economic Development Fund (REED). A place to hold events in the city of Miller has been sought after for over a decade.

Category: Press Releases

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Posted on:
Dec 13, 1901

Press Release: Sioux Valley Lake Area Improvement
Sioux Valley Energy received funding from the USDA REDG program to provide a zero percent interest loan of $300,000 in addition to a $150,000 Rural Electric Economic Development (REED) loan for the Lake Area Improvement Corporation (LAIC).  The loans assisted with financing the construction of a spec building in the Lakeview Industrial Park in Madison, SD. Read the complete release above.

Category: Press Releases, Media Resources



Fast Fact Image

Who We've Helped

17 Grain handling/agronomy firms
(13 are cooperatives) $113 million capital investment